Ordinance to lease with an option to purchase an Electric Light Plant and related property was passed by the city council on October 4, 1897. The agreement was made between the City of Anderson, located in Madison County, Indiana and The Anderson Electric Light Company. At that time Anderson Municipal Light & Power (AML&P) began serving its first customers in teh downtown area

The lease payments were set up for a period of twelve years at two thousand dollars ($2000) bi-annually for a total cost of forty-eight thousand dollars ($48,000). Today AML&P's net worth is over forty million dollars ($40,000,000). Over the century AML&P has grown from a small downtown service area to over thirty-six thousand customers in and around the City of Anderson. The generating facility of AML&P was decommissioned in 1971 at which time a contractual power arrangement was made with an investor- owned utility, Indiana Michigan (I&M), a subsidiary of what is now know as American Electric Power (AEP)

In 1980 a group of municipall owned electric utilities created Indiana Municipal Power Agency (IMPA). The purpose is to provide its members with economical and reliable wholesale electric power. IMPA combines the indvidual electric needs of its member communities into a single entity capable of generating and producing a low-cost and reliable power supply. As one of the founding members, AML&P began purchasing all power requirements from IMPA in January 1983. Since joining IMPA, AML&P customers have enjoyed millions of dollars in reduced power costs.

Anderson Municipal Light & Power is one of over two thousand not-for-profit public power electric utilities owned and operated throughtout the United States. This utility is organized under the laws of the State of Indiana, governed by the local Board of Public Works, and regulated by the Indiana Utility Regulatory Commission (IURC).